A huge debt over N8.5 million by Nollwood Actor Emeka Ike over house rent has led to his ejection from his apartment by his landlord.
Nollywood Actor and supposed AGN president Emeka Ike seems to be experiencing a financial downturn currently following reports that his landlord, Chief Samuel Agboola Akintan threw him out over his failure to pay his house rent. The actor resident at an apartment in Magodo GRA, Ikeja Lagos accummulated a debt over N8.5 million in 3 years as house rent.
The twin duplex located at 1, Raji Oladimeji Street, Magodo GRA, was until his ejection, used by Emeka to run his business.
Emeka had in 2007 diversified by establishing a secondary school named St Nicholas College and decided to hire the premises on a five-year lease agreement from an 87-year-old retiree, Chief Samuel Agboola Akintan at the rate of N2 million per annum for the first two years and N3 million annually for the remaining three years, bringing the total rent of five years to N13 million.
According to Sun newspaper, Emeka defaulted in his agreement with his landlord. He initially made a deposit of N2 million with a promise to pay the rest soonest. He failed to come up with the remaining funds even after a year. His landlord pestered him and Emeka was forced to issue a dud cheque of N1.5 million which outrightly bounced.
The landlord reportedly charged Emeka Ike to the Ikeja Magistrate court through his company, Samak Investments Ltd where a court injunction was secured to move him out of the building.